JigneshDavda

15M Support Confluence Area

Long
FX:CADJPY   Canadian Dollar / Japanese Yen
This idea relates to the CADJPY Channel Idea & USDCAD being at monthly resistance, offers a small scalp which is counter trend. the 76.4% Fib of the last leg up comes in at 95.038. That area offers channel support, whole number of 95 & bullish engulfing on the hourly. As it's counter trend, nearby 15m resistance comes in at 9530

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